For reporting your crypto income from Binance.us, TurboTax Premium is a suitable choice. This plan allows you to manually enter your crypto transactions without a 1099.
Here are the steps to manually report your crypto income in TurboTax Premium:
- Download Your Transaction History: Log in to Binance.us and visit the Tax Statements portal to export your transaction history or generate a tax repo
- Open or continue your return. Be sure you are signed in for link in Step 3 to work.
- Go to cryptocurrency.
- On the Did you have investment income in 2024? screen, select Yes.
- Select +Add investments if you've already added some investment income info.
- On the Let’s import your tax info screen, select Enter a different way.
- On the OK, let's start with one investment type screen, select Cryptocurrency and Continue.
- Select Type it in myself on the Select your crypto experience screen.
- Answer the questions and continue through the screens. We’ll walk you through entering your sales.
